Cell phone and tablet users – smaller version of this page – (here) Monday, March 31 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Dow Jones reports three month nickel closed Friday’s trading session at $7.14/lb . Indicators at 7:00 am CST today show 3 month nickel trading around $.02/lb […]
Friday, May 28 Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – minus 78 to 4,078. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Prudential Discussing Price Cut for AIG Asia Unit After Slump Soured Deal // Hon Hai May Lift […]
7-30 LME nickel closed the day, week, and month at $6.82/lb. This just happens to be the overall monthly average for July 2004 also. * And just to make you feel better about your job, I found this June 2003 prediction for 2004 nickel prices from Reuters. LONDON, June 27 (Reuters) – London Metal […]
Daily Nickel/Stainless Steel Briefing Nickel closed Monday’s trading session at $7.20/lb ($15,880/tonne). Indicators at 5:45 am CST today show nickel trading around $.02/lb higher. Stockpiles of nickel stored in LME licensed warehouses rose on Monday and started today’s session just over the 71,800 tonne level. Shanghai nickel rose to 124,960 y/t overnight. Nickel is back […]
Daily Nickel/Stainless Steel Briefing Nickel closed Tuesday’s trading session at $6.50/lb ($14,340/tonne). Indicators at 7:05 am CST today show nickel trading around $.14/lb lower. Stockpiles of nickel stored in LME licensed warehouses went unchanged over the holiday break and continue to measure just under the 143,200 tonne level. Nickel is the big loser on the […]
Daily Nickel/Stainless Steel Briefing Nickel closed Monday’s trading session at $8.17/lb ($18,015/tonne). Indicators at 5:55 am CST today show nickel trading around $.23/lb lower. Stockpiles of nickel stored in LME licensed warehouses slipped by 1 lot yesterday and started today reading at the 131,850 tonne level. Shanghai nickel returned to trading overnight and rose to […]
Cell phone and tablet users – smaller version of this page – (here) Thursday, July 27 Daily Nickel/Stainless Steel Briefing (7:00 AM CST is 12 PM in London) Three month nickel closed Wednesday’s trading session at $4.55/lb . Indicators at 6:20 am CST today show 3 month nickel trading around $.09/lb higher. Stockpiles […]
Daily Nickel/Stainless Steel Briefing Nickel closed Monday’s trading session at $7.04/lb ($15,520/tonne). Indicators at 5:45 am CST today show nickel trading around $.08/lb lower. Stockpiles of nickel stored in LME licensed warehouses rose sharply on Monday and ended the day reading just over the 189,500 tonne level. Stockpile numbers have gained over 12,500 tonnes […]
Friday, February 27 Daily Nickel/Stainless Wrap-up Baltic Dry Index – plus 36 to 1,986. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Asian Stocks Rise, Paring Benchmark Index’s Worst Start to Year Since 1990 // Asia’s Economies Stumble as Global […]
Cell phone and tablet users – smaller version of this page – (here) Monday, November 30 Daily Nickel/Stainless Steel Briefing (8:00 AM CST is 1PM in London) Three month nickel closed Friday’s trading session at $3.98/lb . Indicators at 6:00 am CST today show 3 month nickel trading flat, and holding below the […]
(all ton listings are metric tons = 2204.6 pounds – what we use to determine closing – see bottom of page) 5-31 LME nickel ended the day at $7.37/lb. * Chinese and Japanese mills announce they are cutting back on stainless steel production to stabilize price. * Minara’s Murrin plant announces full production […]
8-31 LMe nickel ended the day at $5.88/lb. * Nickel inventories on the LME swelled Friday, gaining 1032 tonnes. In response, nickel trading this morning is erratic, with traders trying to find a direction. 8-30 * Molybdenum oxide continues to sell at record high’s and John Redstone, an analyst with Desjardins Securities in […]
Daily Nickel/Stainless Steel Wrap-up Baltic Dry Index – plus 1 to 2,713. (chart) Dollar graph in lower right corner of this page – (chart of dollar index) (live java chart) Headlines & leaders – (Bloomberg) Yuan Set for Biggest Monthly Drop Since ’94 as Economy Slows, Dollar Gains // Buy China Solar Stocks on Economy […]
9-30 LME nickel closed at $6.85/lb, breaking the $15M/tonne barrier once again. And for those of you who might show it went higher – we heard it hit way over $7/lb in final kerb trading (un-confirmed). * In a report issued Monday, Australia’s Westpac Banking Corp predicted nickel prices for 2005 would […]
